Press Release: Agreement on the European globalisation adjustment fund

Author (Corporate)
Series Title
Series Details PRES/13/416 (14.10.13)
Publication Date 14/10/2013
Content Type

The Permanent Representatives Committee (Coreper) on 14 October 2013 approved the regulation on the new European globalisation adjustment fund (EGF) so that the Fund can be operational from 1 January 2014.

The EGF is a flexible tool, intended to support workers who lose their jobs and selfemployed people whose activity has ceased. It facilitates the re-integration into employment in areas, sectors, territories or labour markets suffering the shock of serious economic disruption.

Source Link Link to Main Source http://www.consilium.europa.eu/uedocs/cms_data/docs/pressdata/en/lsa/138991.pdf
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